Champion Heights, OH Cost of Living

Champion Heights cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

The above illustration supplies generalized information for the Champion Heights, OH cost of living index. Compared to other cities in Ohio and cities across the country, the cost of living index in Champion Heights, OH is 85, which is 6% lower than the Ohio average and 15% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Champion Heights, OH are 15% lower than the average for Ohio and 16% lower than the rest of the country.

Did you know?

The cost of living in Champion Heights is 6% lower than the Ohio average.

The cost of living in Champion Heights is 15% lower than the national average.

The cost of housing in Champion Heights is 33% lower than the national average.

Compare Champion Heights, OH Cost of living To Other Cities

Salary Calculator

I currently make 50,000This is how much you would need to earn in Price difference in compared to

Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

The salary calculator allows you to compare how much your current salary in Champion Heights, OH would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Champion Heights, OH, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Champion Heights, OH salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$58,875

$4,906

$1,374

$1,766

Renters

$34,861

$2,905

$813

$1,046

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Champion Heights, OH, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Champion Heights, OH has a median income of about $58,875 for people who own homes. Based on that number, a person should spend a maximum of $1,374 on expenses related to housing. Renters have a slightly different median income, which is $34,861. Based on this average, renters should spend no more than $813 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Ohio Sales Tax

State

General Sales Tax

With Max Surtax

Ohio

5.75%

8%

Ohio Income Tax

State

Income Tax (Low)

Income Tax (High)

Ohio

0.5%

5%

The Ohio sales tax and Ohio income tax rates should definitely be considered when determining the overall cost of living in Champion Heights, OH. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Ohio sales tax is 5.75% and the maximum surtax is 8%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Ohio income tax rates range from 0.5% to 5%.

Goods & Services

Item

Champion Heights

National avg.

Difference

Haircut

$14.59

$16.09

9.3%

Beauty Salon

$32.54

$37.33

12.8%

Toothpaste

$3.00

$2.45

22.6%

Shampoo

$1.04

$1.00

4.4%

Movie

$10.53

$10.28

2.5%

Bowling

$3.45

$4.93

30.1%

Groceries

Item

Champion Heights

National avg.

Difference

Ground Beef

$3.37

$3.80

11.3%

Fried Chicken

$1.95

$1.40

39.9%

Milk

$1.89

$2.01

5.8%

Potatoes

$3.54

$3.01

17.7%

Pizza

$8.96

$9.89

9.3%

Beer

$8.34

$8.90

6.3%

Health Care

Item

Champion Heights

National avg.

Difference

Optometrist

$70.20

$102.16

31.3%

Doctor

$79.75

$108.36

26.4%

Dentist

$72.51

$92.53

21.6%

Ibuprofen

$9.36

$9.28

0.9%

Lipitor

$452.74

$425.82

6.3%

Housing

Item

Champion Heights

National avg.

Difference

Home Price

$112,600.00

$184,700.00

39.0%

Avg. Mortgage Payment

$1,369.31

$1,202.44

13.9%

Apartment Rent

$772.00

$949.00

18.7%

Transportation

Item

Champion Heights

National avg.

Difference

Gasoline

$2.23

$2.24

0.4%

Tire Balancing

$59.71

$46.29

29.0%

Utilities

Item

Champion Heights

National avg.

Difference

All Electricity

$151.97

$165.96

8.4%

Phone

$29.92

$28.68

4.3%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.